Reversals. In the event that the Receiver purchases an Asset (and assumes the Related Liability) that it is not required to purchase pursuant to this Section 3.4, the Assuming Institution shall repurchase such Asset (and assume such Related Liability) from the Receiver at a price computed so as to achieve the same economic result as would apply if the Receiver had never purchased such Asset pursuant to this Section 3.4.
Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment (including any Chargeback fee or Dispute fee). This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall against our transaction exchange rate applicable at the time the reversal is being processed. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • We reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • We compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • If the payer used a card to fund the payment to you the payer could pursue a “chargeback” with the card issuer. The card issuer, not us, determines whether the payer is successful when they pursue a chargeback. You can find out more about chargebacks by reviewing our Chargeback Guide, accessible via the PayPal Security Center and the section called: “Selling Safely”. The PayPal Security Center is accessed via the PayPal website. We charge you a fee for receiving a chargeback claim. • If the payer used a bank account to fund the payment the payer or the bank could pursue a bank reversal. The amount claimed may be greater than the original amount you received due to currency exchange rate fluctuations between the time of payment and the time of the claim. • We may have to compensate your payer when they claimed that there was a problem with their payment (including that their payment was unauthorized or incorrect or that their billing agreement payment was not expected) – see Resolving Problems. • We are entitled to carry out the reversal for any other reason under this user agreement, including th...
Reversals. Without limiting Stripe’s rights under Sections 5.4 - 5.6 of these Stripe Payments Terms, Stripe may initiate a Reversal if:
Reversals. 10.1 Unless otherwise expressly provided, all Instructions shall continue in full force and effect until cancelled or superseded. Instructions may be reversed, amended, cancelled or revoked by the Customer only with the consent of the Bank. That consent shall not be withheld unless the Bank reasonably determines that it would not be possible to give effect to any reversal, amendment or revocation, or the Bank has entered into other transactions or otherwise materially changed its position as a result of receiving such Instructions.
Reversals. If you receive a payment in your account, you owe us the full amount of the payment and our losses arising from processing the payment. This can include our liability (including any fees, charges and penalties) towards any third party (including the payer and the payer’s funding source provider). A reversal happens when we exercise our right to set off the above amounts from your account under the section Reimbursement for your liability in this user agreement. If your PayPal balance for a particular currency is insufficient to cover the amount you owe us in that currency, we may perform a currency conversion from any PayPal balance in another currency to cover the shortfall and you will be charged for the currency conversion. This means that, for example, if you are a seller, amounts of payments received in your account may be removed from your account after you have delivered any goods or services sold. A reversal can happen when: • we reimburse the payer in respect of a PayPal Buyer Protection claim the payer made against you. • we compensate the payer or the payer’s funding source provider (or both) because we receive a claim from the payer or their funding source provider for the payment amount under the reversal process used by that funding source provider. For instance: • if the payer used a card to fund the payment to you the payer could pursue a
Reversals. You agree to pay Processor or Member Bank for any Debit Network fees, fines or charges imposed on you, Processor or Member Bank. Such reimbursement will be accomplished by the debit of the sum(s) involved from your Merchant Account. If Processor or Member Bank elects, at its discretion, to take action on reversals after the Debit Network time limits have expired, such action shall be done at additional cost. Upon request of a Debit Network, processor, Processor, or Member Bank, you will retrieve and forward to Processor or Member Bank, within the time frame required, either the original or a readable copy of the terminal journal tape or duplicate transaction receipt for the transaction in question and, if requested, will give the Debit Network such information from such transaction records as it requests by telephone. You will, on request of the Debit Network, cooperate fully with the Debit Network and the Card issuing participant in order that the participant may comply with the error resolution procedures.
Reversals. Client stipulates and acknowledges that in some securities markets, and under certain cash clearing systems, deliveries of securities and cash may be reversed under certain circumstances. Accordingly, Client agrees that credits of Securities to the Securities Accounts and cash to the Cash Accounts will be provisional and subject to reversal if, in accordance with local practice in the market, the delivery of the Security or cash giving rise to the credit is reversed.
Reversals. We may need to reverse a transaction and either deduct funds we have credited to your Wallet, or return funds we have debited from your Wallet, including in the following circumstances:
Reversals. Sub-Merchant may initiate a reversing Entry or File of Entries for erroneous or duplicate transactions. In doing so, Sub-Merchant warrants that it has initiated the Entries or Files within five (5) banking days of the original Entry or Entries and within 24 hours of discovery of the error. Sub-Merchant also warrants that the account holder of a reversing Entry will be notified of the reversal, and the reason for the reversal, no later than the settlement day of the reversal. Notwithstanding the foregoing, reversals, whether for Entry or File of Entries for erroneous or duplicate transactions or otherwise, are not are not available and may not be initiated in connection with payments received through the Fattmerchant Bank Xxxx Payments solution.
Reversals. At any time, or from time to time, the Bank may reverse any transfer or credit made to or from a Deposit Account or the Loan Account, for any reason or for no reason. The Bank may provide notice to Client, but is not obligated to do so. The Bank may reverse any transfer or credit, for example, if the Bank determines in its sole discretion that to do may assist the Bank in the avoidance of any loss, liability, or to correct any error, or to cover any overdraft that might arise in an Account.
